The Artificial Intelligence Excellence Awards are intended to honor companies that find innovative ways to solve real-world problems with AI. Jumio recently opened a new AI Lab in Montreal in an effort to boost the accuracy and speed of its identity verification platform, a move that underscores the importance of AI for the company’s award-winning anti-fraud solutions.

“We’ve spent the last several years developing AI models
that help us to reliably extract key data from government-issued IDs, find
anomalies in manipulated IDs, and ensure the person is physically present,”
said Junio CTO and Chief Scientist Labhesh Patel. “Through our AI-powered
technology, we are taking the necessary steps to fight fraud and dramatically
speed up the identity verification process.”